News

TranS1 Inc. to Present at the Bank of America Merrill Lynch 2012 Health Care Conference

WILMINGTON, N.C., May 2, 2012 (GlobeNewswire via COMTEX) -- TranS1 Inc. TSON -0.27% announced today that Ken Reali, President and Chief Executive Officer, and Joe Slattery, Executive Vice President and Chief Financial Officer, are scheduled to present at the Bank of America Merrill Lynch 2012 Health Care Conference in Las Vegas, NV on Wednesday, May 16, 2012 at 5 p.m. PT. Mr. Reali and Mr. Slattery will discuss the Company and its progress toward gaining market share with its proprietary approach to treat degenerative conditions of the spine affecting the lower lumbar region and will also conduct one-on-one meetings with institutional investors. Investors that wish to request a meeting with TranS1 should contact Bank of America Merrill Lynch.

About TranS1 Inc.

Teleflex in the News

Teleflex Inc. said it agreed to acquire substantially all of the assets of Axiom Technology Partners, LLC. The financial terms of the acquisition were not disclosed.

Axiom Technology Partners makes the EFx family of laparoscopic fascial closure system products.

Under the definitive agreement terms, Teleflex will purchase substantially all of the assets of Axiom Technology Partners, LLC, a portfolio company of Option3, LLC, a privately held medical device incubator focused on the minimally invasive surgery and endovascular markets.

This acquisition is expected to broaden the Teleflex general surgery product line and provide access to new sales channels. The EFx product portfolio includes both FDA-cleared and pipeline products designed for the safe and simple closure of abdominal trocar defects through which access ports and instruments were used during laparoscopic surgeries.

Telemedicine forecast: Mobile and clouds with a strong chance of video

Telemedicine applications for healthcare providers can be seen in how some corporations provide care for their workers. Consider how Cisco Systems (NASDAQ:CSCO) offers employees healthcare on its campuses on opposite ends of the country.

Cisco, which is self insured, funds all of the company’s healthcare resources including a clinic and pharmacy at its Silicon Valley headquarters. Patients with skin conditions, for example, can take advantage of teledermatology options that give Cisco employees access to skin specialists without needing to leave campus, said Ash Shehata, Cisco’s senior executive director of healthcare business transformation for the Americas. These health IT capabilities mean diagnosis is done through video and the specialist’s opinion is sent to the patient’s primary care provider.

Congratulations to Cathtek

The folks at Cathtek were kind enough to share their good news with us in the announcement below:

Cathtek is proud to make the following two announcements:

We have been chosen as a finalist in the Medical Design Excellence Awards for 2012. The MDEA (www.MDEAwards.com) is the medical device industry’s premier design awards competition and is the only awards program that exclusively recognizes contributions and advances in the design of medical products. Entries are evaluated on the basis of their design and engineering features, including innovative use of materials, user-related functions that improve healthcare delivery and change traditional medical attitudes or practices, features that provide enhanced benefits to the patient, and the ability of the product development team to overcome design and engineering challenges so that the product meets its clinical objectives.

Medical recycling effort seeks answers to complex questions

Tod Christenson wears many hats. He is a partner in the Global Corporate Consultancy of Antea Group, an international environmental engineering and sustainability consulting firm, serving as leader of the group's Value Chain Optimization Practice. He has served since 2006 as director of the Beverage Industry Environmental Roundtable (BIER), a coalition of 17 global beverage companies working to advance environmental sustainability across the beverage sector. In his newest role, he also serves as director of the Healthcare Plastics Recycling Council (HPRC), a consortium of twelve global medical products manufacturers, waste management service companies, resin manufacturers, and plastic recyclers whose mission it is "to inspire and enable plastics recycling solutions in the delivery of healthcare."

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UNC Hosts Emerging Company Showcase

Innovation is brewing in Chapel Hill, North Carolina.The University of North Carolina at Chapel Hill held its annual Emerging Company Showcase this week, an event that gives companies spun out of the university the chance to strut their stuff in an eight minute presentation before an audience of researchers, entrepreneurs...

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Southeastern IT, life science VC firm raising $125M new fund

Good news for life science startups in Florida, Georgia, Virginia and other emerging hubs in the southeast U.S.: A large VC focusing its investments on information technology and healthcare is raising a new $125 million fund.

Harbert Venture Partners is more than halfway to that goal, according to a recent filing with the U.S. Securities and Exchange Commission.

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Patent award to BDSI triggers $15M milestone payment from Endo Pharma

Raleigh, North Carolina-based BDSI said today that the U.S. Patent and Trademark Office has formally awarded a patent for the company’s “Transmucosal Delivery Devices with Enhanced Uptake,” a patent that covers the company’s technology that delivers medication via a small piece of film that dissolves upon being placed on the inside of the cheek. The drug delivery technology is key to all of BDSI’s drug products.

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Corning buys majority of Becton unit for $730M

Corning Inc., world’s largest maker of LCD glass, is buying a majority of Becton, Dickinson and Co.’s Discovery Labware division for about $730 million in order to bolster its life sciences offerings.

Corning’s life sciences unit develops, makes and supplies scientific laboratory products. The deal excludes Discovery’s advanced bioprocessing platform, medical technology company Becton, Dickinson said.

Shares of Corning gained 10 cents to $13.58 in premarket trading while Becton, Dickinson and Co.’s stock added 56 cents to $77.25.

Grant Opportunity for HIV Diagnostics

Dear Colleagues:

The Bill & Melinda Gates Foundation is inviting innovators to apply for two grant opportunities:

1. Grand Challenges Explorations, an initiative to encourage innovative and unconventional global health and development solutions, is now accepting grant proposals for its latest application round. Applicants can be at any experience level; in any discipline; and from any organization, including colleges and universities, government laboratories, research institutions, non-profit organizations and for profit companies.

Proposals are being accepted online until May 15, 2012 on the following topics:

o New Approaches for the Interrogation of Anti-malarial Compounds

o Aid is Working. Tell the World

o Design New Approaches to Optimize Immunization Systems

o Explore New Solutions in Global Health Priority Areas

o Protect Crop Plants from Biotic Stresses From Field to Market

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